Two major health care financial transactions processors will combine as Minneapolis-based ABILITY Networks will acquire Stamford, Conn.-based IVANs for an undisclosed sum.
Both companies are long-established revenue cycle conduits between providers and insurers. ABILITY specializes in Medicare and Medicaid transactions processing, and also can provide all-payer clearinghouse services to providers. IVANS specializes in Medicare transactions and has deeper connectivity with those payers.
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